Debt Collection Edinburgh

Share this post!

Debt Collection Edinburgh

Table of Contents

• Debt Collector Edinburgh – Who To Choose For Your Debt Collection
  • Commercial Debt Collection
  • Private Debt Collection
  • International Debt Collection
  • Debt Collection Edinburgh – What You Should Do

The capital city of Scotland, Edinburgh, is known to be the powerhouse of the Scottish economy, as well as the wider UK economy. The city has consistently been one of the most prosperous parts of the country, with the strongest economy of any city in the UK outside of London.

There are currently over 50,000 businesses operating in Edinburgh, with a total population of over 480,000+ people. This makes it Scotland’s second most populated city, and the seventh most populous in the whole of the UK.

At Debt Collection Glasgow, we are dedicated to providing a local industry-leading Debt Collection Agency referral service to businesses and private individuals in Edinburgh. We are able to do this thanks to the short distance down the M8 from our offices in Glasgow.

If there is a large number of businesses and a high population in a city like Edinburgh, this can make it extremely possible for problem debtors to arise and for money to be owed.

It is a fact that many of the businesses located in Edinburgh will work with overseas clients, which will in-turn produce the need for International Debt Collection Agencies should payments go unpaid.

Whether you are a business, private individual or self-employed individual in Edinburgh, our award-winning Debt Collection Agency referral service is a must if you are looking to instruct a professional to recover your money.

There are a number of different types of people that could owe you money, including:

It is extremely important to remember that trying to collect a debt by yourself, or through in-house credit control teams, is by far the least effective thing to do when it comes to being owed money.

Doing this means no guaranteed successful recovery, and you will also waste valuable resources in terms of time and money. If you are not careful, and don’t take measures to recover your debt quickly, this could severely affect your cashflow.

In recent studies, it has been estimated that around 82% of small businesses fail because of cash flow issues. Not only this, but in a report collated by the Federation of Small Businesses, each year there are around 50,000 small businesses in the UK that have to close as a result of debts.

We have a long history of supporting our clients in Edinburgh and surrounding areas by finding them the most professional and reliable Debt Collection Agency to recover their unpaid debts.

[toc]

Debt Collector Edinburgh – Who To Choose For Your Debt Collection

It is extremely important to remember that when you are faced with someone in Edinburgh who is not paying you, that you are not alone. In recent studies, the number of unpaid invoices has increased by 23% over the last few years.

There are three main types of Debt Collection Agency which handle comes to the collection of unpaid debts, which are Commercial, Private and International. Our list of expert partners are award-winning and industry leaders when it comes to all Debt Collection Requirements.

Commercial Debt Collection

Commercial, or Business to Business, Debt Collection is one of the most popular services when it comes to money being owed due to companies exploiting payment terms to avoid paying.

Invoices that go unpaid, or payment dates that aren’t met, are sure signs that a business client in Edinburgh is not going to pay and the majority of the time they believe they can get away with this.

Our recommended Commercial Debt Collection Agency partner is Federal Management, who have a proven track record when it comes to successfully recovering debts. Since 2004, they have developed a large portfolio of clients across a number of sectors.

We recommend Federal Management due to their leading service, which focuses on delivering the most efficient yet effective solution to Commercial Debt Collection.

They also offer the following benefits:

• UK’s Lowest Commission Rates From 6%
• Up to 90% Recovery Rate on Undisputed Debts
• No Collection = No Collection Costs to Pay
• Over 15 years industry expertise in most business sectors
• Authorised by the Financial Conduct Authority (FCA)
• Pragmatic, Pro-active and Professional

Private Debt Collection

Private Debt Collection is primarily focused on those who are self-employed, freelancers or private individuals who are owed money by someone. This could be anything from being owed money by an individual or a portfolio of troublesome accounts.

Offering a quick, efficient and reliable service, our recommended partner for this is Frontline Collections.

Over their long history, they have gained a large portfolio of clients across a plethora of sectors including, but not limited to, Dental Practices, Veterinary Practices, Independent Schools, and Nurseries.

There Are Multiple Benefits To Using Frontline Collections, Including:

• High Collection Rates and Low Commission Rates
• On Average 90% Recovery Rate on Undisputed Debts
• Over 15+ Years Industry Expertise Across Most Private Sectors
• Members Of The Credit Services Association
• Gold Preferred Suppliers With The Independent Schools Association

Building and maintaining customer relationships is one of the largest factors to sustaining a business, which is why Frontline Collections’ professional service ensures no jeopardization to existing relationships.

International Debt Collection

If you are faced with a customer who isn’t paying you for services or goods, this can be an extremely stressful situation. This can be made even worse when the debt or debtor is on international scale.

Over recent years, there has been a false perception throughout clients we have worked with that think an international debt is more expensive to collect than it is worth – this is not the case.

The one and only way you should be recovering your debt is by using a professional, compliant and cost-effective International Debt Collection Agency.

Our recommended partner for International Debts is Frontline Collections.

Adding to the list of benefits as mentioned above, their International Debt Collection solution offers:

• Fully inclusive low-cost service
• FREE initial assessment & investigation
• Proactive and Professional approach
• High Overseas Debt Collection Success Rates
• International Network of Trusted Agents

At Debt Collection Glasgow, we recommend and refer you to only the best agencies for your specific needs. Frontline Collections have industry leading experience collecting money across the world, ensuring no hindrances along the way.

Debt Collection Edinburgh – What You Should Do

There are various reasons to use Debt Collection Glasgow for all your Debt Collection Agency referral needs including our low-fixed fee service, professional manner and that we are part of the UK Debt Collection Bureau.

We will only provide you with the best options to suit your specific Debt Collection requirements, ensuring only the greatest levels of service throughout.

If you are owed money by a close friend, family member, customer or client, it is imperative you get in contact with our team today as to not prolong the recovery of your debt.

Contact us on: enquiries@debt-collection-glasgow.com or 0333 043 4417.